Smead Capital Management, Inc.
•CIK: 1427008•Filing: Q4 2025
Smead Capital Management, Inc., led by Chuck Smead, known for a value-oriented, concentrated investment approach, currently manages $4.8 billion in assets with a focus on high-quality, dividend-paying stocks. Recently, the fund has notably added Fidelity National Financial (FITB) with a 110% increase in position size, while cutting Wells Fargo (WFG) by 59% and exiting Occidental Petroleum (OVV) and Devon Energy (DVN), reflecting a strategic shift towards financials and healthcare.
Total AUM
$4.8B
QoQ Performance
-6.9%
Positions
31
Top 10 Concentration
53.3%
Latest Filing
Q4 2025
Top Holdings Allocation
SPG
MRK
AXP
CVE
AMGN
MAC
DHI
SPG6.9%
MRK6.2%
AXP5.9%
CVE5.9%
AMGN5.4%
MAC5.3%
DHI5.1%
APA4.8%
📈 Biggest Buys
📉 Biggest Sells
Sector Breakdown
Other47.5%
Financial16.4%
Healthcare13.8%
Real Estate6.9%
Energy6.7%
Consumer6.4%
Technology2.2%
🚪 Exited Positionssold since Q3 2025
Changes from Q3 2025
NEW1 new position
↑4 increased
↓27 decreased
Historical Filings
Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023